Understand the situation and treat the fluctuation of steel market rationally

In the face of the new situation and problems in the operation of the industry brought by the epidemic situation, the iron and steel industry and enterprises should rationally analyze, accurately judge and fully grasp the market trend.

In the short term, the impact of the epidemic on the steel industry is mainly concentrated in the first quarter, especially the impact on the downstream demand side is greater than that on the steel production side, resulting in the decline of raw materials and steel prices. It is estimated that the production and operation situation of the steel industry in the first quarter is not optimistic.

In the medium term, with the improvement or end of the epidemic situation, the impact on the iron and steel industry will gradually weaken. At the same time, with the continuous increase of the National Counter cyclical regulation policy and the continuous implementation of various measures to stabilize growth, the steel demand will usher in a wave of concentrated release. The production and operation situation of the steel industry in the second quarter is expected to improve.

Throughout the year, the overall situation of steel industry is better than that of last year, just because the outbreak of this epidemic will disturb economic development, but with the support of a series of policies to achieve a comprehensive well-off and stable growth, the overall operation will show a trend of first restraining and then promoting. With the thorough control of the epidemic and the active response of the state and governments at all levels, the economy will return to normal level quickly, and the situation in the second half of the year will be more OK.